Intel fights EU probe - PC Retail

Intel fights EU probe

Regulator scrutiny of McAfee acquisition could delay it for months
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Intel is fighting to avoid a probe in to its purchase of security software provider McAfee by EU competition regulators.

The Financial Times reports that although US authorities have approved the deal, European government officials have yet to decide whether or not to launch an in-depth investigation, which could stall the deal by months despite a number of concessions made by the US chipmaker in he hopes of staving off an intervention.

The deal had been proceeding smoothly and Intel is reported to have been surprised when the European Commission made a last minute expression of concern over competition with other security companies.

In 2009, Intel was hit with a €1.1 billion fine – the largest penalty ever imposed by the EU for a breach of competition law – for alleged monopoly abuse.

"We continue to work with the commission, and believe the deal will be closed before the middle of the year,” said an Intel spokesman.

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